Not-For-Profit Services
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Highly Skilled
Our highly skilled group of specialists works closely with clients all year round to ensure a smooth and efficient year end compliance service.
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Deep Understanding
In this crowded market, Dains stands apart by listening and gaining a true understanding of your charity/not for profit.
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Support and Advice
We go beyond the statutory charity audit to support and advise your organisation by using skills honed through years of working extensively in the not for profit sector.
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Best Practices
The financial side of charities needn’t be a minefield; by adopting the best practices that the Dains team can offer, your organisation can concentrate on what you’re really there for: making a difference to other people’s lives.
Trident Housing Association
David
The Process
1. Consultation
Listen and understand the client's business, their goals, and their current financial situation.
2. Diagnosis
Review client's financial position, identify any issues, address areas of concern and areas of improvement.
3. Solutions & Strategy
Propose tailored accounting solutions and strategies to help the client achieve their business goals.
4. Implementation
Execute the proposed solutions, set up necessary systems, and ensure everything is in place.
5. Quarterly Reviews
Regularly meet with the client and discuss how the business is going and review the implemented solutions, and make necessary adjustments.
6. Relationship Building
Foster a long-term relationship, understand evolving needs, and adapt services accordingly.
Not for Profit Accounting
There is no need to compromise on quality – our team are talented specialists in their chosen field and advise clients in a practical, commercial and creative way. Our specialist sectors include automotive, construction, education, haulage, health and welfare, manufacturing, recruitment, and charities.
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Audits
Audits play a crucial role in ensuring transparency, accountability, and compliance with regulatory standards. Our specialised audit services for NFPs go beyond financial scrutiny; they encompass a holistic examination of organisational practices. We assess internal controls, governance structures, and adherence to funding requirements. By conducting thorough audits, we empower NFPs to demonstrate fiscal responsibility to stakeholders, donors, and the communities they serve, fostering trust and credibility.
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Corporate Tax
Our corporate tax services for NFPs are designed to optimise tax efficiency while ensuring compliance with relevant regulations. We understand the nuances of tax-exempt status, charitable deductions, and other tax implications unique to the Not-for-Profit sector. By providing strategic guidance on tax planning and compliance, we assist NFPs in preserving their financial resources, ultimately allowing them to channel more resources toward their mission-driven initiatives.
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Customs Duty and VAT
Considerations for customs duty and Value Added Tax (VAT) are critical elements of financial management. Our expertise in navigating these areas ensures that NFPs optimise their financial resources while complying with customs and VAT regulations. By understanding the specific exemptions and benefits available to Not-for-Profit entities, we help organisations minimise tax liabilities, allowing them to redirect funds towards their charitable endeavours. Our dedicated approach to customs duty and VAT for NFPs reflects our commitment to supporting these organisations in achieving their goals.
Enquire Today
We understand the unique financial challenges faced by Not-for-Profits and are committed to providing tailored solutions that align with your mission.
Whether you require assistance with compliance, financial reporting, or strategic financial planning, our team of specialists is ready to support your organisation's financial well-being.
Enquire today to start a collaborative journey that ensures your financial practices align with your noble objectives and contribute to the sustained success of your Not-for-Profit endeavours.